Brazil reinstates 1.5 pct tax on BNDES credit operations
September 01, 2015 at 11:05 AM EDT
BRASILIA, Sept 1 (Reuters) - The Brazilian government will charge a 1.5 percent financial transaction tax, known as IOF, on loans from state development bank BNDES to collect an extra 3 billion reais ($816.55 million) a year, a finance ministry official said on Tuesday.
